Morehouse’s ‘Man on a Mission’
By D. Aileen Dodd Contributing Writer | 5/17/2013, noon
To offset the impact of a smaller enrollment, Wilson said tuition will increase again next fall. No furlough days have been discussed.
Overall, Wilson is concerned about the financial stability of Morehouse. He wonders whether the price tag of tuition is pricing some families out at a time when higher education is becoming more of a luxury fewer people can afford.
“The financial model of higher education is broken,” Wilson said. “For smaller colleges, the price point has gotten so high that most American families find it out of reach. There is discounting … and instability in net tuition and fees. For HBCUs , which are lower priced, it is especially difficult to remain competitive.”
To survive, some liberal arts colleges are offering less expensive online degrees.
Wilson said he will examine the college program and the possibility of using more online options to make a Morehouse degree more affordable. But he said he doubts Morehouse will ever offer an online only experience.
“There is more that we can do to give Morehouse graduates a better start in life … We have to be creative, ” he said. “But the power of the Morehouse experience, you can only understand and absorb if you are on campus.”